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Topic: What do regular people think about Bitcoin? Awesome video with funny responses. (Read 2264 times)

full member
Activity: 212
Merit: 101
"Doesn't really exist", should have explained fractional reserve lending to him (would have blown his tiny little mind).

Yup, but at the end of the day, most people will think that something exist given his impact on his daily life. When people go out and everyone accepts dollar and they can buy/sell anything for dollars, it's very real and it's very hard to argue with them how "bitcoins are more real" so to speak.

Agreed (well €), however under that criteria does Gold exist? It is unlikely he has ever owned or traded Gold either. People fail to understand that they are creditors of the bank and therefore subject to counter-party risk. As for the FDIC protecting all deposits, well that's just laughable (why the need to implement Global bank bail-in procedures).
hero member
Activity: 770
Merit: 509
"Doesn't really exist", should have explained fractional reserve lending to him (would have blown his tiny little mind).

Yup, but at the end of the day, most people will think that something exist given his impact on his daily life. When people go out and everyone accepts dollar and they can buy/sell anything for dollars, it's very real and it's very hard to argue with them how "bitcoins are more real" so to speak.
member
Activity: 117
Merit: 10
Long live Bitcoin.

I liked this older man a lot, especially the way he says he's too old for following the advance in technology, but at the same time provides some of the most adequate responses (which just shows that he follows the news, after all).
hero member
Activity: 518
Merit: 500
Hodl!
Last week a client approached me for writing Bitcoin news for his site. When I tried to hire a writer, I asked him if he knew bitcoin. He said and I am quoting "Is it the new app from Apple?"  Shocked

Shoulda said it's exactly that, a clone of flappy bird, where you have to keep pushing peoples buttons to make it stay up and not crash. Cheesy
newbie
Activity: 27
Merit: 0
Anyway, have a good start Smiley
sr. member
Activity: 406
Merit: 250
AltoCenter.com
Last week a client approached me for writing Bitcoin news for his site. When I tried to hire a writer, I asked him if he knew bitcoin. He said and I am quoting "Is it the new app from Apple?"  Shocked
hero member
Activity: 518
Merit: 500
Hodl!
I resent the implication that being involved in bitcoin makes me an irregular person. That's like saying only average IQ people are "regular", fuck that. I'm the normal one, it's the clueless plebeian masses that are borderline-retarded slaves!

I quite like being a couple of sigma off all round.
newbie
Activity: 28
Merit: 0
hero member
Activity: 874
Merit: 1000
These aren't regular people, they are Dutch.

Haha. What is that meant to mean? Is it good or bad?
It means Dutch aren't regular.  'Good' or 'bad' that is left up to you. 
sr. member
Activity: 771
Merit: 258
Trident Protocol | Simple «buy-hold-earn» system!
In USA 95% or more would say what is it?

I may use my iphone to show how in the USA no one knows what it is for the most part.
Please lets see this done in a range of countries...
jr. member
Activity: 59
Merit: 10
These aren't regular people, they are Dutch.

Haha. What is that meant to mean? Is it good or bad?
newbie
Activity: 28
Merit: 0
In USA 95% or more would say what is it?

I may use my iphone to show how in the USA no one knows what it is for the most part.
hero member
Activity: 874
Merit: 1000
These aren't regular people, they are Dutch.
full member
Activity: 567
Merit: 148
Pretty nice video
now I 'am wondering about you guys of what you think about the old guy who said "people sitting and manipulating the price" Shocked 
I liked that old dude the most. He has some basic understanding, but later he says, he is just to old to look further into it.
But he is right about manipulation. Everything on free markets is manipulated these days.

The price was manipulated with fake trades on exchanges, but that's largely irrelevant as most things can be manipluated. The banks manipulate currencies and traders manipulate stocks and shares.

If they can manipulate it , why not just rise  the price and sell their coins ? Shocked don't really get it
1. because they make more money with volatility.
2. There are limits how much they can manipulate it. They can not just make 1 BTC=1 Million USD in one day.

Hmm , I guess I understand much better how those exchange & trading website works. :p thanks mate
hero member
Activity: 714
Merit: 500
Manipulation isn't as easy as you might think. Also, I think it was the exchanges doing the manipulating with bots buying and selling coins to each other that they never had. This is why some sort of decentralized exchange is needed to try stop this.
There is a big difference between "It is not easy" and "it is not possible".
A lot of people here, don't seem to understand that.
It's like saying: "When we can send people to the moon, why don't we just send people to Mars?"
sr. member
Activity: 324
Merit: 250
Manipulation isn't as easy as you might think. Also, I think it was the exchanges doing the manipulating with bots buying and selling coins to each other that they never had. This is why some sort of decentralized exchange is needed to try stop this.
hero member
Activity: 714
Merit: 500
Pretty nice video
now I 'am wondering about you guys of what you think about the old guy who said "people sitting and manipulating the price" Shocked 
I liked that old dude the most. He has some basic understanding, but later he says, he is just to old to look further into it.
But he is right about manipulation. Everything on free markets is manipulated these days.

The price was manipulated with fake trades on exchanges, but that's largely irrelevant as most things can be manipluated. The banks manipulate currencies and traders manipulate stocks and shares.

If they can manipulate it , why not just rise  the price and sell their coins ? Shocked don't really get it
1. because they make more money with volatility.
2. There are limits how much they can manipulate it. They can not just make 1 BTC=1 Million USD in one day.
full member
Activity: 567
Merit: 148
Pretty nice video
now I 'am wondering about you guys of what you think about the old guy who said "people sitting and manipulating the price" Shocked 
I liked that old dude the most. He has some basic understanding, but later he says, he is just to old to look further into it.
But he is right about manipulation. Everything on free markets is manipulated these days.

The price was manipulated with fake trades on exchanges, but that's largely irrelevant as most things can be manipluated. The banks manipulate currencies and traders manipulate stocks and shares.

If they can manipulate it , why not just rise  the price and sell their coins ? Shocked don't really get it
hero member
Activity: 840
Merit: 509
Pretty nice video
now I 'am wondering about you guys of what you think about the old guy who said "people sitting and manipulating the price" Shocked 
I liked that old dude the most. He has some basic understanding, but later he says, he is just to old to look further into it.
But he is right about manipulation. Everything on free markets is manipulated these days.

The price was manipulated with fake trades on exchanges, but that's largely irrelevant as most things can be manipluated. The banks manipulate currencies and traders manipulate stocks and shares.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
I would really like to know what % of people knew about it, because this clip just shows people who knew about it, obviously the people who didn't knew about it are not a part of clip but that understood , but even 20% of the people that are asked knew about it than we are heading in right direction.

It shows in the description that it was about 50/50
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